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Japan is not uniquely advanced, but by an objective measure of economic complexity, Japan does have the most advanced economy in the world. "Complexity" here e
by DiogenesKynikos 5y ago
Japan is not uniquely advanced, but by an objective measure of economic complexity, Japan does have the most advanced economy in the world.
"Complexity" here essentially means that a country exports lots of different goods that other countries rarely export. A country that only exports unrefined petroleum will rank very low in complexity, while a country that exports a roughly even mix of goods across a wide range of different sectors will rank high in complexity. Japan is at the top of that ranking, followed by Switzerland.
1. https://atlas.cid.harvard.edu/countries/114 https://atlas.cid.harvard.edu/countries/114